the goal of mcewen mining is to qualify for inclusion in the s&p 500 by creating a high growth gold producer focused in the americas. mcewen mining's principal assets consist of the san josé mine in santa cruz, argentina (49% interest); the el gallo complex in sinaloa, mexico; the gold bar project in nevada, us; the los azules project in san juan, argentina and a large portfolio of exploration properties in argentina, mexico and nevada. mcewen mining has 297,417,091 shares issued and outstanding at august 7, 2014. rob mcewen, chairman, president and chief owner, owns 25% of the shares of the company (assuming all outstanding exchangeable shares are exchanged for an equivalent amount of common shares). as of june 30, 2014 mcewen mining had cash and liquid assets of approximately us$16.6 million.
![McEwen Mining logo](/files/LOGO/314203-MUX.png)
Company profile
Ticker
MUX
Exchange
Website
CEO
Robert McEwen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
U S GOLD CORP
SEC CIK
Corporate docs
Subsidiaries
10393444 Canada Inc. • 11195581 Canada Inc. • 912413 Ontario Inc. • Compania Minera Pangea S.A. de C.V. • Gold Bar Enterprises LLC • Golden Pick LLC • Las Yaretas S.A. • Latin America Exploration Inc. • Lexam Explorations (USA), Inc. • Lexam VG Gold Inc. ...
IRS number
840796160
MUX stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
18 Jul 24
424B3
Prospectus supplement
15 Jul 24
EFFECT
Notice of effectiveness
12 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
3 Jul 24
SD
Conflict minerals disclosure
28 Jun 24
10-K/A
2023 FY
Annual report (amended)
28 Jun 24
8-K
McEwen Copper Announces $70 Million Financing
27 Jun 24
10-K/A
2023 FY
Annual report (amended)
25 Jun 24
Transcripts
MUX
Earnings call transcript
2024 Q1
9 May 24
MUX
Earnings call transcript
2023 Q4
1 Mar 24
MUX
Earnings call transcript
2023 Q3
9 Nov 23
MUX
Earnings call transcript
2023 Q2
10 Aug 23
MUX
Earnings call transcript
2023 Q2
10 Aug 23
MUX
Earnings call transcript
2023 Q1
9 May 23
MUX
Earnings call transcript
2022 Q4
14 Mar 23
MUX
Earnings call transcript
2022 Q3
7 Nov 22
MUX
Earnings call transcript
2022 Q2
13 Aug 22
MUX
Earnings call transcript
2022 Q1
13 May 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 26.42 mm | 26.42 mm | 26.42 mm | 26.42 mm | 26.42 mm | 26.42 mm |
Cash burn (monthly) | 5.73 mm | 14.05 mm | 7.65 mm | (no burn) | (no burn) | 1.36 mm |
Cash used (since last report) | 22.15 mm | 54.31 mm | 29.56 mm | n/a | n/a | 5.24 mm |
Cash remaining | 4.26 mm | -27.89 mm | -3.14 mm | n/a | n/a | 21.18 mm |
Runway (months of cash) | 0.7 | -2.0 | -0.4 | n/a | n/a | 15.6 |
Institutional ownership, Q1 2024
8.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 16 |
Opened positions | 12 |
Closed positions | 1 |
Increased positions | 1 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 9.85 bn |
Total shares | 4.07 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Van Eck Associates | 2.05 mm | $20.22 mm |
Mirae Asset Global Investments | 1.10 mm | $9.10 bn |
Polunin Capital Partners | 682.60 k | $6.73 mm |
Cambridge Investment Research Advisors | 61.31 k | $605.00 k |
Gsa Capital Partners | 53.64 k | $529.00 k |
Simplex Trading | 35.47 k | $349.00 k |
Hollencrest Capital Management | 32.70 k | $322.42 mm |
Semanteon Capital Management | 18.34 k | $180.83 mm |
Private Advisor | 13.35 k | $131.58 mm |
nVerses Capital | 5.80 k | $57.19 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Jun 24 | Carmen L Diges | Common Stock | Sell | Dispose S | No | No | 9.44 | 17,066 | 161.10 k | 10,982 |
18 Jun 24 | Jeffrey Chan | Common Stock | Sell | Dispose S | No | No | 9.78 | 964 | 9.43 k | 711 |
18 Jun 24 | Perry Ing | Common Stock | Sell | Dispose S | No | No | 9.76 | 23,332 | 227.72 k | 15,551 |
18 Jun 24 | Stephan Michael Spears | Common Stock | Sell | Dispose S | No | No | 9.8 | 2,503 | 24.53 k | 751 |
14 Jun 24 | Jeffrey Chan | Common Stock | Grant | Acquire A | No | No | 10.36 | 1,675 | 17.35 k | 1,675 |
14 Jun 24 | Carmen L Diges | Common Stock | Grant | Acquire A | No | No | 10.36 | 17,066 | 176.80 k | 28,048 |
14 Jun 24 | Perry Ing | Common Stock | Grant | Acquire A | No | No | 10.36 | 23,332 | 241.72 k | 38,883 |
14 Jun 24 | Stephan Michael Spears | Common Stock | Grant | Acquire A | No | No | 10.36 | 2,503 | 25.93 k | 3,254 |
News
EXCLUSIVE: Mining Legend Robert McEwen — 'Investors Should Be Aware That There Is Cyclicality And Seasonality'
24 Jul 24
BHP Seeks Extension For Takeover; GoldMining Begins São Jorge Drilling; Ivanhoe Electric Advances Copper Project And More: Wednesday's Top Mining Stories
29 May 24
Reported Earlier, McEwen Mining Prices $22M Flow-Through Financing At 19% Premium For Canadian Exploration Expenses
29 May 24
BHP's Potential Third Bid For Anglo American; McEwen Reports Successful Assay Results; GoldMining Elects Directors And More: Friday's Top Mining Stories
17 May 24
HC Wainwright & Co. Maintains Buy on McEwen Mining, Raises Price Target to $15
13 May 24
Press releases
TIMBERLINE RESOURCES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Timberline Resources Corporation - TLRS
16 Jul 24
McEwen Mining Announces AGM Voting Results, Meeting Resources Now Available
2 Jul 24
McEwen Mining Announces Closing of Flow-Through Financing
14 Jun 24
IBN Announces Latest Episode of The MiningNewsWire Podcast featuring Rob McEwen, Chairman and Chief Owner of McEwen Mining Inc.
13 Jun 24
McEwen Mining Announces Flow-Through Financing at $14.36 (Cdn$19.59) per Share a 19% Premium to Market
28 May 24